[Herky] Athletic Department Financials

Larry Edwards larryed6124 at knology.net
Sat Jul 8 06:10:18 PDT 2017


As a former cost analyst, I like numbers too . Here is an article that explains why that "loss" must be taken with a grain of salt: 

http://www.goiowaawesome.com/iowa-hawkeyes-football/2017/07/1521/its-not-plagiarism-if-you-link-to-it-turns-its-pockets-inside-out 


----- Original Message -----

From: "Keith Voigts" <kvoigts at wisemanengine.com> 
To: herky at lists.herky.net 
Sent: Friday, July 7, 2017 10:56:32 PM 
Subject: Re: [Herky] Athletic Department Financials 



As a CPA, I love to look at the numbers. I found this. 



Iowa is #20 with $113,249,000 in revenue and $116,169 in expenses, a loss of about $3,000,000. 



USA TODAY released its database of NCAA Division 1 athletics spending and revenue for the 2015-16 academic year Thursday, and Alabama was ranked among the top-five schools. 

The Crimson Tide’s athletic department made $164,009,745, which ranked fourth nationally and second in the SEC behind nation-leading Texas A&M. Alabama also had $145,277,366 in expenses, which ranked fourth nationally and first in the SEC. 

Texas A&M brought in the most overall revenue with $194,388,450 for a second straight year, while Texas’ athletic department spent the most $171,394,287. Texas ($187,981,158) and Ohio State ($170,789,765) rounded out the top-four revenues. 

The Aggies took in $75.5 million, compared to Alabama’s $29.7 million. 

Of the 13 public schools in the league, 11 recorded $100 million or more of revenue. Only Missouri ($97.3 million) and Mississippi State ($94.9 million) fell below that mark in 2015-16. 

The SEC accounted for six of the top-10 teams in total revenue. Below is the top 10. 

1. Texas A&M -- $194,388,450 
2. Texas -- $187,981,158 
3. Ohio State -- $170,789,765 
4. Alabama -- $164,009,745 
5. Michigan -- $163,850,616 
6. Oklahoma -- $150,373,216 
7. LSU -- $141,651,460 
8. Florida -- $141,441,109 
9. Tennessee -- $140,448,955 
10. Auburn -- $140,070,593 






Keith Voigts 




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